Chinese Internet research group CNNIC issued survey results showing that Google (ticker: GOOG) is losing market share to Baidu.com (ticker: BIDU) in China. In CNNIC's previous survey of Beijing, Shanghai and Guangzhou six months ago Google had the largest market share in each of the three cities. But, according to CNNIC this is no longer the case. Market share stats and a comment:
- Beijing -- Baidu 52% (Up 10.8%), Google 33%.
- Shanghai -- Baidu 43.9%, Google 38.2%.
- Guangzhou -- Baidu 48%, Google 28.7%.
- Baidu and Google have 80% market share in Beijing and Shanghai, and 75% in Guangzhou.
- Beijing, Shanghai and Guangzhou account for most of China's Internet use.
Overall Market Share
Comment: Bill Bishop claims that "The data is very skewed and completely ignores Yahoo's overall search market share in China, which includes 3721 and its IE plug-in." See here.
Market share stats from a recent Baidu roadshow presentation here.
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